Related Party Disclosures (Tables)

12 Months Ended

Dec. 31, 2022

Related Party Disclosure [Abstract]

Schedule of other assets and liabilities with related parties

	Related Party Type
Type of current assets and liabilities with related parties As of December 31, 2022	Parent Entity MCh$		Other Legal Entity MCh$			Key Personnel of the Consolidated Bank MCh$			Other Related Party MCh$			Total MCh$
ASSETS
Financial assets held for trading at fair value through profit or loss
Derivative Financial Instruments		—		343,278			—			—			343,278
Debt financial instruments		—		—			—			—			—
Other financial instruments		—		3,354			—			—			3,354
Non-trading financial assets mandatorily measured at fair value through profit or loss		—		—			—			—			—
Financial assets designated as at fair value through profit or loss		—		—			—			—			—
Financial assets at fair value through other comprehensive income		—		16,759			—			—			16,759
Derivative Financial Instruments for hedging purposes		—		—			—			—			—
Financial assets at amortized cost
Rights by resale agreements and securities lending		—		—			—			—			—
Debt financial instruments		—		—			—			—			—
Commercial loans		—		609,155			1,384			12,024			622,563
Residential mortgage loans		—		—			15,221			58,608			73,829
Consumer Loans		—		—			2,068			10,879			12,947
Allowances established – Loans		—		(4,153	)		(21	)		(401	)		(4,575	)
Other assets		9		149,096			—			21			149,126
Contingent loans		—		177,834			4,119			17,872			199,825
LIABILITIES
Financial liabilities held for trading at fair value through profit or loss
Derivative Financial Instruments		—		400,984			—			—			400,984
Financial liabilities designated as at fair value through profit or loss		—		—			—			—			—
Derivative Financial Instruments for hedging purposes		—		7,647			—			—			7,647
Financial liabilities at amortized cost
Current accounts and other demand deposits		217		206,465			3,081			6,529			216,292
Saving accounts and time deposits		4,643		274,318			3,815			24,125			306,901
Obligations by repurchase agreements and securities lending		—		—			—			—			—
Borrowings from financial institutions		—		177,827			—			—			177,827
Debt financial instruments issued		—		—			—			—			—
Other financial obligations		—		—			—			—			—
Lease liabilities		—		11,252			—			—			11,252
Other liabilities		—		108,767			517			52			109,336

	Related Party Type
Type of current assets and liabilities with related parties As of December 31, 2021	Parent Entity MCh$		Other Legal Entity MCh$			Key Personnel of the Consolidated Bank MCh$			Other Related Party MCh$			Total MCh$
ASSETS
Financial assets held for trading at fair value through profit or loss
Derivative Financial Instruments		—		319,120			—			—			319,120
Debt financial instruments		—		—			—			—			—
Other financial instruments		—		16			—			—			16
Non-trading financial assets mandatorily measured at fair value through profit or loss		—		—			—			—			—
Financial assets designated as at fair value through profit or loss		—		—			—			—			—
Financial assets at fair value through other comprehensive income		—		15,045			—			—			15,045
Derivative Financial Instruments for hedging purposes		—		—			—			—			—
Financial assets at amortized cost
Rights by resale agreements and securities lending		—		—			—			—			—
Debt financial instruments		—		—			—			—			—
Commercial loans		—		470,424			853			12,718			483,995
Residential mortgage loans		—		—			14,612			51,025			65,637
Consumer Loans		—		—			1,862			8,798			10,660
Allowances established – Loans		—		(3,795	)		(15	)		(416	)		(4,226	)
Other assets		8		106,137			—			40			106,185
Contingent loans		—		162,046			4,119			17,713			183,878
LIABILITIES
Financial liabilities held for trading at fair value through profit or loss
Derivative Financial Instruments		—		313,277			—			—			313,277
Financial liabilities designated as at fair value through profit or loss		—		—			—			—			—
Derivative Financial Instruments for hedging purposes		—		608			—			—			608
Financial liabilities at amortized cost
Current accounts and other demand deposits		254		209,799			7,403			7,219			224,675
Saving accounts and time deposits		19,836		196,913			2,310			19,347			238,406
Obligations by repurchase agreements and securities lending		—		—			—			—			—
Borrowings from financial institutions		—		122,883			—			—			122,883
Debt financial instruments issued		—		—			—			—			—
Other financial obligations		—		—			—			—			—
Lease liabilities		—		10,256			—			—			10,256
Other liabilities		—		93,743			483			18			94,244

Schedule of income and expenses from related party transactions

As of December 31, 2022	Parent Entity		Other Legal Entity		Key personnel of the consolidated Bank			Other Related party		Total
	MCh$		MCh$		MCh$			MCh$		MCh$
Interest and UF indexation revenue		—		49,027		2,382			9,736		61,145
Income from commissions		92		112,308		20			69		112,489
Net Financial income (expense)		—		88,103		—			—		88,103
Other income		—		79		—			—		79
Total Income		92		249,517		2,402			9,805		261,816
Interest and UF indexation expense		826		8,412		156			1,194		10,588
Expenses from commissions		—		35,948		—			—		35,948
Expenses credit losses		—		242		(5	)		31		268
Expenses from salaries and employee benefits		—		173		32,873			71,524		104,570
Administrative expenses		—		22,254		3,603			120		25,977
Other expenses		—		10		3			15		28
Total Expenses		826		67,039		36,630			72,884		177,379

As of December 31, 2021	Parent Entity		Other Legal Entity		Key personnel of the consolidated Bank		Other Related party		Total
	MCh$		MCh$		MCh$		MCh$		MCh$
Interest and UF indexation revenue		—		12,591		1,313		5,517		19,421
Income from commissions		149		98,680		26		60		98,915
Net Financial income (expense)		—		49,775		—		—		49,775
Other income		—		466		—		—		466
Total Income		149		161,512		1,339		5,577		168,577
Interest and UF indexation expense		3		457		4		27		491
Expenses from commissions		—		29,813		—		—		29,813
Expenses credit losses		—		1,659		—		74		1,733
Expenses from salaries and employee benefits		—		6		26,100		67,098		93,204
Administrative expenses		—		20,771		3,325		78		24,174
Other expenses		—		32		1		4		37
Total Expenses		3		52,738		29,430		67,281		149,452

As of December 31, 2020	Parent Entity		Other Legal Entity			Key personnel of the consolidated Bank			Other Related party			Total
	MCh$		MCh$			MCh$			MCh$			MCh$
Interest and UF indexation revenue		17		11,847			587			3,339			15,790
Income from commissions		157		40,900			18			91			41,166
Net Financial income (expense)		976		(35,351	)		—			—			(34,375	)
Other income		—		469			—			—			469
Total Income		1,150		17,865			605			3,430			23,050
Interest and UF indexation expense		60		191			1			7			259
Expenses from commissions		—		39,988			—			—			39,988
Expenses credit losses		—		1,697			(41	)		(431	)		1,225
Expenses from salaries and employee benefits		—		16			9,105			88,699			97,820
Administrative expenses		—		18,153			3,173			112			21,438
Other expenses		—		—			1			3			4
Total Expenses		60		60,045			12,239			88,390			160,734

Schedule of other related parties

		Description of the transaction						Effect on Income				Effect on Financial position
Company name	Nature of the relationship with the Bank	Type of service	Term	Renewal conditions	Transactions under equivalence conditions to those transactions with mutual independence between the parties	Amount		Income		Expenses		Accounts receivable		Accounts payable
						MCh$		MCh$		MCh$		MCh$		MCh$
Ionix SPA	Other related parties	IT license services	30 days	Contract	Yes		440		—		440		—		32
		IT support services	30 days	Contract	Yes		334		—		334		—		—
Canal 13	Other related parties	Advertising service	30 days	Monthly	Yes		584		—		584		—		134
Servipag Ltda.	Joint venture	Software services	30 days	Contract	Yes		768		—		768		—		465
	Joint venture	Collection services	30 days	Contract	Yes		4,405		—		4,405		—		—
Bolsa de Comercio de Santiago	Other related parties	IT support services	30 days	Contract	Yes		259		—		259		—		—
		Service of financial information	30 days	Contract	Yes		335		—		335		—		—
		Brokerage commission	30 days	Contract	Yes		310		—		310		—		—
Enex S.A.	Other related parties	Rent spaces for ATM	30 days	Contract	Yes		168		—		168		—		168
Redbanc S.A.	Associates	Software development	30 days	Contract	Yes		399		—		399		—		1,223
		Electronic transaction management services	30 days	Contract	Yes		13,380		—		13,380		—		—
Sistemas Oracle de Chile Ltda.	Other related parties	Software services	30 days	Contract	Yes		6,029		—		6,029		—		2,281
		IT support services	30 days	Contract	Yes		2,873		—		2,873		—		—
Depósito Central de Valores	Associates	Custodial services	30 days	Contract	Yes		2,230		—		2,230		—		53
Inmobiliaria e inversiones Capitolio S.A.	Other related parties	Space rental	30 days	Contract	Yes		82		—		82		—		—
Tagle y Compañía limitada	Other related parties	Legal services	30 days	Contract	Yes		126		—		126		—		6
Manantial S.A	Other related parties	Materials and supplies	30 days	Contract	Yes		224		—		224		—		15
Radio difusión SPA	Other related parties	Advertising service	30 days	Contract	Yes		105		—		105		—		4
Nexus S.A.	Other related parties	Customer product delivery services	30 days	Contract	Yes		1,185		—		1,185		—		1,679
		Card processing	30 days	Contract	Yes		11,178		—		11,178		—		—
		IT development services	30 days	Contract	Yes		1,565		—		1,565		—		—
		Embossing services	30 days	Contract	Yes		724		—		724		—		—
		Fraud prevention services	30 days	Contract	Yes		1,234		—		1,234		—		—
Artikos Chile S.A.	Joint venture	IT support services	30 days	Contract	Yes		421		—		421		—		17
		IT services	30 days		Yes		340		—		340		—		—
DCV registros S.A	Associates	IT services	30 days	Contract	Yes		275		—		275		—		—
Soc operadora de la Cámara de Compensación	Associates	Collection services	30 days	Contract	Yes		588		—		588		—		56
Comder Contraparte Central S.A.	Associates	Securities clearing services	30 days	Contract	Yes		830		—		830		—		27,198
Bolsa Electrónica de Chile S.A.	Associates	Brokerage commission	30 days	Contract	Yes		153		—		153		—		—
Transbank S.A.	Associates	Processing fees	30 days	Contract	Yes		1,150		—		1,150		—		91
		Exchange commission	30 days	Contract	Yes		94,489		94,489		—		409		—
Centro de Compensación Automatizado S.A.	Associates	Transfer services	30 days	Contract	Yes		2,340		—		2,340		—		378
Citibank	Other related parties	Connectivity business commissions	Quarterly	Contract	Yes		10,583		10,583		—		12,043		—

Schedule of payments and composition of key management personnel

	2022		2021
	MCh$		MCh$
Directory:
Payment of remuneration and attendance fees of the Board of Directors -  Bank and its subsidiaries		3,095		2,883
Key Personnel of the Management of the Bank and its Subsidiaries:
Payment for benefits to short-term employees		31,224		25,876
Payment for benefits to employees for termination of employment contract		1,649		224
Subtotal		32,873		26,100
Total		35,968		28,983

	2022		2021
	No. Executives
Directory:		19		18
Directors – Bank and its subsidiaries
Key Personnel of the Management of the Bank and its Subsidiaries:
CEO – Bank		1		1
CEOs –  Subsidiaries		5		5
Division Managers / Area – Bank		93		95
Division Managers / Area – Subsidiaries		31		26
Subtotal		130		127
Total		149		145